NEW GLOBAL PUBLIC OPINION SURVEY FINDS WATER ISSUES ARE THE TOP ENVIRONMENTAL CONCERN WORLDWIDE
Water pollution and shortage of fresh water emerge as most important water-related issues
STOCKHOLM (August 18, 2009) – A comprehensive global public opinion survey on attitudes about fresh water sustainability, management and conservation finds that people around the world view water issues as the planet’s top environmental problem, greater than air pollution, depletion of natural resources, loss of habitat and climate change.
The poll surveyed 1,000 people in each of 15 countries, and probed 500 in each of the following countries on specific questions: Canada, China, India, Mexico, Russia, the United Kingdom and the United States. The results were released today in Stockholm as part of World Water Week. The independent survey was commissioned by Circle of Blue, the Michigan-based international network of leading journalists, scientists and communicators focused on global water issues. Molson Coors Brewing Company (NYSE: TAP) supported the research, which was conducted by GlobeScan, a global survey research firm.
A close look at the results shows that people around the world view water pollution as the most important facet of the fresh water crisis, and that shortages of fresh water are very close behind. Across the 15 countries surveyed:
• 93 percent say water pollution is a very serious (72 percent) or somewhat serious (21 percent) problem.• 91 percent believe that a shortage of fresh water is a very serious (71 percent) or somewhat serious (20 percent) problem.Across the seven focus countries:• Government is considered among the most responsible for ensuring clean water.• 78 percent say “solving drinking water problems will require significant help from companies,” indicating that partnerships are an important component to resolving the world’s fresh water sustainability challenges.• 76 percent say “I need more information to be able to do more to protect water.”While people around the world agree on the importance of the issue, some key differences between the countries surveyed support the idea that solutions will have to be carefully tailored to local conditions:• Across the seven countries surveyed, people in Mexico are the most concerned about “lack of water for agriculture” (75 percent are very concerned). People in India are most concerned about “the high cost of water” (60 percent) compared to other countries.
• People in Mexico express the most urgency about the severity of the pollution and water scarcity issues they face, but also the most optimism about their ability to solve the problems.
• In all countries, more than half of those surveyed agree that government is responsible for ensuring clean water. When asked whether individual citizens are responsible, however, responses vary widely by country, from a high of 76 percent in Mexico to a low of 30 percent in China.
"This research shows that across the globe, concerns about water are reaching a critical level of public consciousness,” said J. Carl Ganter, Circle of Blue co-founder and director. "People think water is the most important environmental concern, in many cases more pressing than climatechange. It's the axis issue that intersects the world's greatest challenges, from health, poverty and security to climate, immigration and environment, even financial and commodities markets."
“We’re very proud to sponsor this important research providing the first substantive global benchmark for civic engagement on fresh water issues,” said Peter Swinburn, CEO of Molson Coors. “As a brewer, Molson Coors has always been aware of the importance of water. We will continue to be an active guardian of the watersheds within our local communities and an enthusiastic participant in the global conversation.”
Chris Coulter, vice president of GlobeScan said, “This research confirms the general public’s awareness and understanding of water as a critical resource, as well as the importance of conserving and protecting fresh water supplies through stewardship. From locale to locale, the angles of most concern may vary, but the concern about water issues is pressing, virtually everywhere.”
More than five million people die each year due to a lack of safe drinking water, and the United Nations estimates that 5.5 billion people will lack adequate access to fresh water in the next 20 years. Water scarcity and threats to water quality have emerged as serious threats to people and businesses around the world.
ResourcesFull survey results, including photos, interactive maps, and detail for each of the seven featured countries, is available at http://www.circleofblue.org/waterviews. Daily reports on the world’s water issues are available at Circle of Blue WaterNews.
Molson Coors’ online press kit on the survey results is available at www.molsoncoors.com/newsroom. For more information about Molson Coors and its global responsibility strategy, visit http://www.molsoncoors.com/responsibility. The more we listen, the more we learn. Tell us if you think we have our priorities right, and let us know where you think we can do better. Please give us your feedback.
About Circle of BlueCircle of Blue is the international nonprofit network of leading journalists, scientists and communications design experts that reports and presents the information necessary to respond to the global fresh water crisis. It is an affiliate of the internationally recognized water, climate and policy think tank, the Pacific Institute. Circle of Blue publishes WaterNews, the daily go-to source for global water news and data. It is also the co-founder of the global initiative, Designing Water’s Future, a partnership with Collins: Transformative Design, AIGA and INDEX. Circle of Blue practices non-advocacy journalism and science, striving to report issues to the highest standards of journalistic and scientific ethics. For more information, visit the Circle of Blue Web site, www.circleofblue.orgAbout GlobescanGlobeScan Incorporated is a global survey research firm providing strategic advice to companies, multilateral institutions, governments and NGOs, on reputation, sustainability, and corporate responsibility. GlobeScan is a world leader in conducting comprehensive survey research in all regions of the world amongst general publics and stakeholders. www.GlobeScan.comAbout Molson Coors Brewing CompanyMolson Coors Brewing Company is one of the world’s largest brewers. It brews, markets and sells a portfolio of leading premium quality brands such as Coors Light, Molson Canadian, Molson Dry, Carling, Coors, and Keystone Light in the U.S., Canada, the UK and more than 30 countries in North America, Europe and Asia. In the U.S., Molson Coors shares ownership in the market’s second-largest brewing company, MillerCoors, through a joint venture. For more information, visit the company’s Web site, www.molsoncoors.com.Media Contacts:Circle of BlueJ. Carl Ganter+1 231-649-3210 x110media@circleofblue.orgGlobescanOliver Martindirect line: +1 416-969-3073 mobile: +1 416-721-3544oliver.martin@globescan.comMolson CoorsColin Wheeler+1 303-927-2443colin.wheeler@molsoncoors.com
Published at www.investorideas.com and www.water-stocks.com, a global investor water portal at Investorideas.com To research water stocks- visit the global water stocks directory Visit our Showcase water stock
Thursday, August 20, 2009
Tuesday, August 11, 2009
Water Stocks Sector Close –Up; Market Opportunity for Remediating Oil-Contaminated Water
Water Stocks Sector Close –Up; Market Opportunity for Remediating Oil-Contaminated Water
POINT ROBERTS, WA and DELTA, BC –August 11, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks by Lisa Springer CFA, Equity research analyst, on the market opportunity for remediating oil- contaminated water.
Market Opportunity Remediating Oil-Contaminated Water
Lisa Springer CFA, Equity research analyst and financial writer
Stocks Covered:
Cameron Intl Corp (NYSE:CAM), Nalco (NYSE:NLC), National Oilwell Varco (NYSE:NOV), Veolia (NYSE:VE), Wescorp Energy (OTCBB: WSCE), Weatherford International (NYSE:WFT)
Although oil spills capture headlines, a greater environmental challenge for the oil and gas industry is remediating water polluted in their production operations. Water that comes up with the production of oil and gas is called “produced water.’” Produced water is tainted with hydrocarbon solids, sand, drill cuttings and salts. Oil companies spend an estimated $50 billion every year remediating and/or disposing of produced water to comply with local, state, provincial and federal environmental laws.
The volume of produced water worldwide is estimated at tens of billions of barrels each year. On average, every barrel of oil produced results in three barrels of produced water. That equates to managing or disposing of more than 250 million barrels of produced water each and every day. The hydrocarbons trapped in produced water are, not only an environmental hazard, but also a source of lost revenues. Data indicates that, on average, nine tons of oil is released via produced water for every million tons of hydrocarbons produced.
Disposal costs for produced water add to already high energy bills. These costs typically include trucking, pre-treatment, injection and desalination, and can run as high as $15 per barrel. Disposing of the hydrocarbon solids that remain after the water is treated is even costlier, estimated at nearly $72 per barrel.
Remediation costs for produced water are likely to continue to rise because regulators are pressing for more stringent environmental laws. Penalties for non-compliance are severe; for example, Suncor was recently fined $850,000 for an environmental violation. Costs are also increasing because oil companies are producing more oil to meet the world’s insatiable appetite for energy. Producers are stimulating production from older wells through re-fracturing, a process requiring massive amounts of fresh water, and tapping unconventional oil field plays such as the Alberta Oil Sands and the Barnett Shale. Canadian producers are already consuming over 540 million barrels of fresh water in Alberta Oil Sands operations, resulting in paying water clean up and disposal costs exceeding $100 million annually. Despite the fact that globally fresh water is becoming a scarce commodity, more water is being used, leading to demands that producers reduce water consumption. The problem is that today’s unconventional oil productions require more water than ever – as many as 20 barrels of water for every barrel of oil produced.
The management of produced water is a large market and several companies are marketing technologies for cleaning produced water. The Petreco Wemco division of Cameron (NYSE:CAM) markets a heat treatment technology that separates hydrocarbons from water. National Oilwell Varco (NYSE:NOV) manufactures and sells equipment that mechanically removes suspended solids from produced water. Nalco (NYSE:NLC) offers an aeration technology called Induced Gas Flotation that removes suspended particles from water. Privately-held Welco Expediting and Process Group market centrifuging technologies for cleaning produced water. The GE Zeon segment of General Electric (NYSE:GE), Siemens Water Technology and Veolia (NYSE:VE) offer treatment methods based on filtering membranes. Although all of the above-mentioned methods remove some of the pollutants, most single technologies leave behind residential oil content ranging from 500 to 50,000 parts per million in the water. Having residual hydrocarbon in their produced water has a major impact on producers’ operating expenses.
Wescorp Energy (OTCBB:WSCE) recently began marketing a novel remediation technology called H20Maxx, which the company claims offers a safer, more effective and economical process for cleaning and separating oil and solids from produced water. H20Maxx employs a patented aeration technology that creates microscopic nitrogen bubbles several orders of magnitude smaller than conventional methods. These bubbles attach to oil droplets and break the oil/water interface, allowing oil to be separated. Third party laboratory tests have shown that H20Maxx reduces oil content in produced water to less than 10 parts per million. Because H20Maxx-treated water is more hydro carbon-free, it dramatically reduces both operating costs and water consumption and also provides the producer with a resalable oil stream. For producers operating in areas where water is in short supply such as the Barnett Shale and Alberta Oil Sands, the ability to re-cycle water is a major advantage.
Oil and gas producers recognize the benefits of H20Maxx and have begun using Wescorp’s technology. Last December, Wescorp received 3rd party verification of the H20Maxx’s efficiency and scalability, which led to the signing of a letter of intent with Weatherford International (NYSE:WFT).Weatherford is one of the world’s largest energy services providers, with operations in more than 100 countries and annual revenues of nearly $10 billion.
In 2009, Wescorp has made significant progress deploying its technology. The company shipped its first H20Maxx unit to an oil/gas operator in Kansas in May. The unit began operating in July, providing remediation services for one conventional oil well, and is performing well. The oil company in Kansas has now ordered a second unit. H20Maxx units are leased on a day lease rate with a 2,000 barrels/day unit leasing for approximately $1,500/day. In June, Wescorp announced the leasing of an H20Maxx unit to Western Canadian Oil Sands, which plans to deploy the unit at its Athabasca Oil Sands operations in Northern Alberta. In late July, Wescorp announced a 50/50 joint venture with Cancen Oil Canada Corporation to initially install a combined 12 H20Maxx water units and HXCT solids units over the next 12 months at Cancen’s facilities. The joint venture will then build additional units to provide onsite remediation to oil and gas producers in western Canada. Cancen will fund, operate and manage the joint venture, as well as fund construction and deployment costs of the units.
Lisa Springer Bio/ Disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
Research global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Subscribe to Investing in Water Podcast RSS Feed
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.comSource: Water-Stocks.com, Investorideas.com, Wescorp Energy
POINT ROBERTS, WA and DELTA, BC –August 11, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks by Lisa Springer CFA, Equity research analyst, on the market opportunity for remediating oil- contaminated water.
Market Opportunity Remediating Oil-Contaminated Water
Lisa Springer CFA, Equity research analyst and financial writer
Stocks Covered:
Cameron Intl Corp (NYSE:CAM), Nalco (NYSE:NLC), National Oilwell Varco (NYSE:NOV), Veolia (NYSE:VE), Wescorp Energy (OTCBB: WSCE), Weatherford International (NYSE:WFT)
Although oil spills capture headlines, a greater environmental challenge for the oil and gas industry is remediating water polluted in their production operations. Water that comes up with the production of oil and gas is called “produced water.’” Produced water is tainted with hydrocarbon solids, sand, drill cuttings and salts. Oil companies spend an estimated $50 billion every year remediating and/or disposing of produced water to comply with local, state, provincial and federal environmental laws.
The volume of produced water worldwide is estimated at tens of billions of barrels each year. On average, every barrel of oil produced results in three barrels of produced water. That equates to managing or disposing of more than 250 million barrels of produced water each and every day. The hydrocarbons trapped in produced water are, not only an environmental hazard, but also a source of lost revenues. Data indicates that, on average, nine tons of oil is released via produced water for every million tons of hydrocarbons produced.
Disposal costs for produced water add to already high energy bills. These costs typically include trucking, pre-treatment, injection and desalination, and can run as high as $15 per barrel. Disposing of the hydrocarbon solids that remain after the water is treated is even costlier, estimated at nearly $72 per barrel.
Remediation costs for produced water are likely to continue to rise because regulators are pressing for more stringent environmental laws. Penalties for non-compliance are severe; for example, Suncor was recently fined $850,000 for an environmental violation. Costs are also increasing because oil companies are producing more oil to meet the world’s insatiable appetite for energy. Producers are stimulating production from older wells through re-fracturing, a process requiring massive amounts of fresh water, and tapping unconventional oil field plays such as the Alberta Oil Sands and the Barnett Shale. Canadian producers are already consuming over 540 million barrels of fresh water in Alberta Oil Sands operations, resulting in paying water clean up and disposal costs exceeding $100 million annually. Despite the fact that globally fresh water is becoming a scarce commodity, more water is being used, leading to demands that producers reduce water consumption. The problem is that today’s unconventional oil productions require more water than ever – as many as 20 barrels of water for every barrel of oil produced.
The management of produced water is a large market and several companies are marketing technologies for cleaning produced water. The Petreco Wemco division of Cameron (NYSE:CAM) markets a heat treatment technology that separates hydrocarbons from water. National Oilwell Varco (NYSE:NOV) manufactures and sells equipment that mechanically removes suspended solids from produced water. Nalco (NYSE:NLC) offers an aeration technology called Induced Gas Flotation that removes suspended particles from water. Privately-held Welco Expediting and Process Group market centrifuging technologies for cleaning produced water. The GE Zeon segment of General Electric (NYSE:GE), Siemens Water Technology and Veolia (NYSE:VE) offer treatment methods based on filtering membranes. Although all of the above-mentioned methods remove some of the pollutants, most single technologies leave behind residential oil content ranging from 500 to 50,000 parts per million in the water. Having residual hydrocarbon in their produced water has a major impact on producers’ operating expenses.
Wescorp Energy (OTCBB:WSCE) recently began marketing a novel remediation technology called H20Maxx, which the company claims offers a safer, more effective and economical process for cleaning and separating oil and solids from produced water. H20Maxx employs a patented aeration technology that creates microscopic nitrogen bubbles several orders of magnitude smaller than conventional methods. These bubbles attach to oil droplets and break the oil/water interface, allowing oil to be separated. Third party laboratory tests have shown that H20Maxx reduces oil content in produced water to less than 10 parts per million. Because H20Maxx-treated water is more hydro carbon-free, it dramatically reduces both operating costs and water consumption and also provides the producer with a resalable oil stream. For producers operating in areas where water is in short supply such as the Barnett Shale and Alberta Oil Sands, the ability to re-cycle water is a major advantage.
Oil and gas producers recognize the benefits of H20Maxx and have begun using Wescorp’s technology. Last December, Wescorp received 3rd party verification of the H20Maxx’s efficiency and scalability, which led to the signing of a letter of intent with Weatherford International (NYSE:WFT).Weatherford is one of the world’s largest energy services providers, with operations in more than 100 countries and annual revenues of nearly $10 billion.
In 2009, Wescorp has made significant progress deploying its technology. The company shipped its first H20Maxx unit to an oil/gas operator in Kansas in May. The unit began operating in July, providing remediation services for one conventional oil well, and is performing well. The oil company in Kansas has now ordered a second unit. H20Maxx units are leased on a day lease rate with a 2,000 barrels/day unit leasing for approximately $1,500/day. In June, Wescorp announced the leasing of an H20Maxx unit to Western Canadian Oil Sands, which plans to deploy the unit at its Athabasca Oil Sands operations in Northern Alberta. In late July, Wescorp announced a 50/50 joint venture with Cancen Oil Canada Corporation to initially install a combined 12 H20Maxx water units and HXCT solids units over the next 12 months at Cancen’s facilities. The joint venture will then build additional units to provide onsite remediation to oil and gas producers in western Canada. Cancen will fund, operate and manage the joint venture, as well as fund construction and deployment costs of the units.
Lisa Springer Bio/ Disclaimer: http://www.investorideas.com/About/Lisa-Springer-CFA/
Research global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets. Subscribe to Investing in Water Podcast RSS Feed
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Dawn Van Zant 800-665-0411 Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.comSource: Water-Stocks.com, Investorideas.com, Wescorp Energy
Wednesday, July 29, 2009
Wescorp Energy (OTC.BB: WSCE) enters into Joint Venture Partnership with Cancen Oil Canada Corporation (COCC)
Wescorp Energy enters into Joint Venture Partnership with Cancen Oil Canada Corporation (COCC)
HOUSTON, TX and CALGARY, July 29 - Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider and Cancen Oil Canada Corporation, an Oilfield Waste Management and Processing company based in western Canada, have entered into a 50:50 joint venture agreement. Under the terms of the joint venture agreement, a combination of a minimum of 12 H2O Maxx water units and HCXT Solids units will be strategically installed over the next 12 months at Cancen's facilities to significantly increase efficiency and reduce operating costs. As Cancen expands its operation, it is expected to be installing additional units. In addition, it is anticipated that the joint venture will build additional portable units to provide remote on-site remediation for a number of Cancen's clients.
Wescorp and Cancen are completing an assessment of Cancen's facilities, and by August 23 Cancen will post a $1,000,000 irrevocable line of credit for the immediate construction of three units to be deployed at Cancen's facilities.
Under the terms of the agreement, Wescorp will be responsible for providing the intellectual property and technical support. Cancen will be responsible for operating and managing the joint venture and funding the operations, including the construction and deployment costs of all H2O Maxx and HCXT remediation units.
The joint venture will share in the revenue generated by the use of Wescorp's H2O Maxx and HCXT units at Cancen's facilities. Revenue from each unit will be shared between Wescorp and Cancen. Upon initial operation of the remediation units, the revenue will be split 25:75 (Wescorp: Cancen) until 110% of the construction costs are repaid to Cancen. Thereafter, the revenue will be shared on a 50:50 basis.
Cancen operates a number of waste processing facilities in western Canada. Its mission is to provide safe and effective disposal of hydrocarbon waste material through specialized processes in an effort to prevent oil from entering neighboring ecosystems. Cancen creates value through on-site disposal of produced water, hydrocarbon recovery, general cleanup and disposal of slop oil, tank bottoms and crude treatment. Through a three-staged process, Cancen custom treats, then blends, the crude into high quality saleable oil.
"This is a very significant signing for Wescorp. The partnership with Cancen will allow Wescorp to immediately participate in a multi-billion dollar oilfield waste management and processing industry in western Canada," commented Doug Biles, President and CEO of Wescorp Energy. "Wescorp anticipates the joint venture revenue model will result in a significantly higher revenue stream than that of a daily lease model."
"Cancen is delighted to be the joint venture partner of Wescorp Energy," stated Keith Talbot, President of Cancen Oil Canada Corporation. "Wescorp's leading edge water and solids remediation technologies are a perfect fit into our business model and will allow Cancen to become a technological leader in the oilfield waste processing industry in western Canada. With the addition of Wescorp's technologies, we expect our business to grow exponentially."
H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil allowing oil and gas operators to reduce, reuse, and recycle water.
The HCXT solids remediation unit is a commercially proven, safe, effective and economical process for the extraction and cleaning of hydrocarbon-laden sediments and solids. The technology uses biodegradable chemicals to separate heavy oil from solids including drilling cuttings and fine sands and clays from oil sand production.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com
Renmark Financial Communications Inc.
Jason Roy, jroy@renmarkfinancial.com
Barry Mire, bmire@renmarkfinancial.com
(514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
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HOUSTON, TX and CALGARY, July 29 - Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider and Cancen Oil Canada Corporation, an Oilfield Waste Management and Processing company based in western Canada, have entered into a 50:50 joint venture agreement. Under the terms of the joint venture agreement, a combination of a minimum of 12 H2O Maxx water units and HCXT Solids units will be strategically installed over the next 12 months at Cancen's facilities to significantly increase efficiency and reduce operating costs. As Cancen expands its operation, it is expected to be installing additional units. In addition, it is anticipated that the joint venture will build additional portable units to provide remote on-site remediation for a number of Cancen's clients.
Wescorp and Cancen are completing an assessment of Cancen's facilities, and by August 23 Cancen will post a $1,000,000 irrevocable line of credit for the immediate construction of three units to be deployed at Cancen's facilities.
Under the terms of the agreement, Wescorp will be responsible for providing the intellectual property and technical support. Cancen will be responsible for operating and managing the joint venture and funding the operations, including the construction and deployment costs of all H2O Maxx and HCXT remediation units.
The joint venture will share in the revenue generated by the use of Wescorp's H2O Maxx and HCXT units at Cancen's facilities. Revenue from each unit will be shared between Wescorp and Cancen. Upon initial operation of the remediation units, the revenue will be split 25:75 (Wescorp: Cancen) until 110% of the construction costs are repaid to Cancen. Thereafter, the revenue will be shared on a 50:50 basis.
Cancen operates a number of waste processing facilities in western Canada. Its mission is to provide safe and effective disposal of hydrocarbon waste material through specialized processes in an effort to prevent oil from entering neighboring ecosystems. Cancen creates value through on-site disposal of produced water, hydrocarbon recovery, general cleanup and disposal of slop oil, tank bottoms and crude treatment. Through a three-staged process, Cancen custom treats, then blends, the crude into high quality saleable oil.
"This is a very significant signing for Wescorp. The partnership with Cancen will allow Wescorp to immediately participate in a multi-billion dollar oilfield waste management and processing industry in western Canada," commented Doug Biles, President and CEO of Wescorp Energy. "Wescorp anticipates the joint venture revenue model will result in a significantly higher revenue stream than that of a daily lease model."
"Cancen is delighted to be the joint venture partner of Wescorp Energy," stated Keith Talbot, President of Cancen Oil Canada Corporation. "Wescorp's leading edge water and solids remediation technologies are a perfect fit into our business model and will allow Cancen to become a technological leader in the oilfield waste processing industry in western Canada. With the addition of Wescorp's technologies, we expect our business to grow exponentially."
H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil allowing oil and gas operators to reduce, reuse, and recycle water.
The HCXT solids remediation unit is a commercially proven, safe, effective and economical process for the extraction and cleaning of hydrocarbon-laden sediments and solids. The technology uses biodegradable chemicals to separate heavy oil from solids including drilling cuttings and fine sands and clays from oil sand production.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com
Renmark Financial Communications Inc.
Jason Roy, jroy@renmarkfinancial.com
Barry Mire, bmire@renmarkfinancial.com
(514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
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Thursday, July 23, 2009
Water stocks news- Wescorp Energy's H2Omaxx water remediation unit begins successful operations in Kansas
Wescorp Energy's H2Omaxx water remediation unit begins successful operations in Kansas
HOUSTON, TX and CALGARY, July 23 - Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider, is pleased to announce that the H2Omaxx water remediation unit operating in Marion County, Kansas is in initial operating mode. The H2Omaxx unit is currently providing remediation services for one conventional oil well. Produced water and contaminated fluids from additional oil wells located in adjacent sections will be tied into the H2Omaxx unit for remediation servicing shortly.
First indications are "The H2Omaxx unit is performing well," commented Doug Biles, President and CEO of Wescorp Energy. "With the anticipated increased volume of hydrocarbon laden fluids from the additional oil wells, the H2Omaxx unit would be functioning at its full capacity. Wescorp will be performing internal tests to verify the efficiency and efficacy of the H2Omaxx unit at various capacities. Assay results from an independent laboratory based in Wichita, Kansas will be released when available."
Once we receive lab results, Wescorp will be scheduling site visits for other oil and gas operators to view the H2Omaxx unit in operation and provide the internal quantitative analysis reports.
H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil, allowing oil and gas operators to reduce, reuse, and recycle water.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com
Renmark Financial Communications Inc.
Jason Roy, jroy@renmarkfinancial.com
Barry Mire, bmire@renmarkfinancial.com
(514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
Investorideas.com Membership - Research more Water Stocks and Green stocks
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http://www.investorideas.com/Water-Stocks/Stock_List.asp
HOUSTON, TX and CALGARY, July 23 - Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider, is pleased to announce that the H2Omaxx water remediation unit operating in Marion County, Kansas is in initial operating mode. The H2Omaxx unit is currently providing remediation services for one conventional oil well. Produced water and contaminated fluids from additional oil wells located in adjacent sections will be tied into the H2Omaxx unit for remediation servicing shortly.
First indications are "The H2Omaxx unit is performing well," commented Doug Biles, President and CEO of Wescorp Energy. "With the anticipated increased volume of hydrocarbon laden fluids from the additional oil wells, the H2Omaxx unit would be functioning at its full capacity. Wescorp will be performing internal tests to verify the efficiency and efficacy of the H2Omaxx unit at various capacities. Assay results from an independent laboratory based in Wichita, Kansas will be released when available."
Once we receive lab results, Wescorp will be scheduling site visits for other oil and gas operators to view the H2Omaxx unit in operation and provide the internal quantitative analysis reports.
H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil, allowing oil and gas operators to reduce, reuse, and recycle water.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com
Renmark Financial Communications Inc.
Jason Roy, jroy@renmarkfinancial.com
Barry Mire, bmire@renmarkfinancial.com
(514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
Investorideas.com Membership - Research more Water Stocks and Green stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Renewable Energy and Water Stock Directories. Learn more: - /membership/
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Wednesday, July 8, 2009
Bottled Water News - Most Bottled Water Brands Don’t Disclose Information About Source, Purity and Contaminants
Bottled Water News - Most Bottled Water Brands Don’t Disclose Information About Source, Purity and Contaminants
Congress Holds Investigative Hearing into Bottled Water Industry
CONTACT: EWG Public Affairs, (202) 667-6982 FOR IMMEDIATE RELEASE: July 8, 2009
WASHINGTON, DC-- An Environmental Working Group (EWG) investigation of almost 200 popular bottled water brands found less than 2 percent disclose the water’s source, how the water has been purified and what chemical pollutants each bottle of water may contain. Just 2 of the 188 individual brands EWG analyzed disclosed those three basic facts about their water.
Full report found here: http://www.ewg.org/health/report/bottledwater-scorecard
Jane Houlihan, EWG Senior Vice President for Research, discussed the findings of the 18-month long study in testimony today before a congressional oversight hearing on the gaps in government regulation of the bottled water industry.
Some of the more interesting discoveries were that mainstream brands such as Sam’s Club and Walgreen’s scored relatively high marks, while waters marketed as elite, including Perrier, S. Pellegrino and the Whole Foods store brand, flunked because they provided almost no meaningful information for consumers.
Why the glaring lack of disclosure? Houlihan said that bottled water companies enjoy a regulatory holiday under the Food and Drug Administration’s (FDA) Food, Drug and Cosmetic Act, which give beverage corporations complete latitude to choose what, if any, information about their water they divulge to customers.
In contrast, the Environmental Protection Agency (EPA) -- the federal agency that oversees the nation’s municipal water utilities -- requires all 52,000 community tap water suppliers nationwide to produce an annual water quality report: The utilities’ reports detail water source and pollutant testing results for customers, as required under the Safe Drinking Water Act. An estimated 58 percent of these reports also describe water treatment methods.
“Many people assume bottled water is healthier and safer to drink than ordinary tap water. But some companies have lured consumers away from the tap with claims of health and purity that aren’t backed by public data,” Houlihan said. “The ugly truth is that under lax federal law, consumers know very little about the quality of bottled water on which they spend billions every year.”
“The Bottled water industry's strategy has been to market bottled water as the safe and clean alternative to tap water,” said Wenonah Hauter, executive director of the non-profit consumer advocacy group Food & Water Watch. “This myth has been used to trick consumers into paying thousands times more for a product that is the same or even more polluted than the water available from our faucets. Tap water in the United States undergoes rigorous testing for contaminants—as often as 480 times a month, far more than the once–a–week test for bottled water.”
EWG researchers analyzed labels and websites from 188 bottled waters to learn which bottlers voluntarily disclosed the same information as required of community water suppliers. EWG found that many disclose little to no information at all on water source and purity.
EWG compared 2008 and 2009 labels and websites to learn how many brands are telling customers more this year than last. The answer was a heartening 52 percent, though in nearly every case water bottlers provided less information than municipal water utilities.
“Members of Congress need to understand that it has taken major public outcry, followed by proactive legislation, to provoke much of these changes,” said Kelle Louaillier, executive director for Corporate Accountability International, an organization that has compelled both Pepsi and Nestlé to label the source of their bottled water. “Starting today, Congress can work to guarantee the consumer’s right to know what exactly they are getting in these disposable plastic water bottles.”
Few water sources are completely free of detectable contaminants. The 40 percent of bottled water brands that rely on tap water are drawing from supplies that collectively contain at least 260 pollutants, according to EWG's 2002-2005 survey of tap water testing conducted by community water supplies.
Last year EWG commissioned bottled water quality tests that found that the water is not necessarily any safer than ordinary tap water. The lab tests of 10 major brands identified 38 pollutants, ranging from fertilizer residue to industrial solvents. Pollutants in 2 brands exceeded some state and industry health standards.
Legislation is underway to close loopholes in nationwide bottled water standards. A California law effective January 1, 2009, requires bottled water companies to post information on the water source, treatment and testing on labels and websites. A bill introduced in the U.S. Senate last year would require similar strictures at the federal level.
EWG is a nonprofit research organization based in Washington, DC that uses the power of information to protect human health and the environment.http://www.ewg.org
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Congress Holds Investigative Hearing into Bottled Water Industry
CONTACT: EWG Public Affairs, (202) 667-6982 FOR IMMEDIATE RELEASE: July 8, 2009
WASHINGTON, DC-- An Environmental Working Group (EWG) investigation of almost 200 popular bottled water brands found less than 2 percent disclose the water’s source, how the water has been purified and what chemical pollutants each bottle of water may contain. Just 2 of the 188 individual brands EWG analyzed disclosed those three basic facts about their water.
Full report found here: http://www.ewg.org/health/report/bottledwater-scorecard
Jane Houlihan, EWG Senior Vice President for Research, discussed the findings of the 18-month long study in testimony today before a congressional oversight hearing on the gaps in government regulation of the bottled water industry.
Some of the more interesting discoveries were that mainstream brands such as Sam’s Club and Walgreen’s scored relatively high marks, while waters marketed as elite, including Perrier, S. Pellegrino and the Whole Foods store brand, flunked because they provided almost no meaningful information for consumers.
Why the glaring lack of disclosure? Houlihan said that bottled water companies enjoy a regulatory holiday under the Food and Drug Administration’s (FDA) Food, Drug and Cosmetic Act, which give beverage corporations complete latitude to choose what, if any, information about their water they divulge to customers.
In contrast, the Environmental Protection Agency (EPA) -- the federal agency that oversees the nation’s municipal water utilities -- requires all 52,000 community tap water suppliers nationwide to produce an annual water quality report: The utilities’ reports detail water source and pollutant testing results for customers, as required under the Safe Drinking Water Act. An estimated 58 percent of these reports also describe water treatment methods.
“Many people assume bottled water is healthier and safer to drink than ordinary tap water. But some companies have lured consumers away from the tap with claims of health and purity that aren’t backed by public data,” Houlihan said. “The ugly truth is that under lax federal law, consumers know very little about the quality of bottled water on which they spend billions every year.”
“The Bottled water industry's strategy has been to market bottled water as the safe and clean alternative to tap water,” said Wenonah Hauter, executive director of the non-profit consumer advocacy group Food & Water Watch. “This myth has been used to trick consumers into paying thousands times more for a product that is the same or even more polluted than the water available from our faucets. Tap water in the United States undergoes rigorous testing for contaminants—as often as 480 times a month, far more than the once–a–week test for bottled water.”
EWG researchers analyzed labels and websites from 188 bottled waters to learn which bottlers voluntarily disclosed the same information as required of community water suppliers. EWG found that many disclose little to no information at all on water source and purity.
EWG compared 2008 and 2009 labels and websites to learn how many brands are telling customers more this year than last. The answer was a heartening 52 percent, though in nearly every case water bottlers provided less information than municipal water utilities.
“Members of Congress need to understand that it has taken major public outcry, followed by proactive legislation, to provoke much of these changes,” said Kelle Louaillier, executive director for Corporate Accountability International, an organization that has compelled both Pepsi and Nestlé to label the source of their bottled water. “Starting today, Congress can work to guarantee the consumer’s right to know what exactly they are getting in these disposable plastic water bottles.”
Few water sources are completely free of detectable contaminants. The 40 percent of bottled water brands that rely on tap water are drawing from supplies that collectively contain at least 260 pollutants, according to EWG's 2002-2005 survey of tap water testing conducted by community water supplies.
Last year EWG commissioned bottled water quality tests that found that the water is not necessarily any safer than ordinary tap water. The lab tests of 10 major brands identified 38 pollutants, ranging from fertilizer residue to industrial solvents. Pollutants in 2 brands exceeded some state and industry health standards.
Legislation is underway to close loopholes in nationwide bottled water standards. A California law effective January 1, 2009, requires bottled water companies to post information on the water source, treatment and testing on labels and websites. A bill introduced in the U.S. Senate last year would require similar strictures at the federal level.
EWG is a nonprofit research organization based in Washington, DC that uses the power of information to protect human health and the environment.http://www.ewg.org
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Thursday, June 25, 2009
Chemspec (NYSE: CPC) Celebrates IPO on NYSE; Duoyuan Global Water (NYSE: DGW ) Begins NYSE Trading
Chemspec (NYSE: CPC) Celebrates IPO on NYSE; Duoyuan Global Water (NYSE: DGW ) Begins NYSE Trading
NYSE Euronext now lists 70 companies from Greater China with $1 Trillion Total Market Capitalization
NEW YORK June 24--Chemspec International Limited, a leading China-based contract manufacturer of highly engineered specialty chemicals and the largest manufacturer of fluorinated specialty chemicals in China based on sales, today listed on the New York Stock Exchange under the ticker symbol “CPC” after its successful IPO in which it raised $73 million.
Also today, Duoyuan Global Water Inc., a leading Chinese manufacturer of water and wastewater treatment equipment for use in industrial and municipal water systems, began trading on the NYSE under the ticker symbol “DGW” after its successful IPO, in which it raised $88 million.
"With the additions of Chemspec and Duoyuan Global Water to our growing family of listed companies, NYSE Euronext is now privileged to list 70 companies from Greater China," said Ronnie Kent, EVP and Head of International Listings, NYSE Euronext. "We welcome the opportunity to offer Chemspec and Duoyuan Global Water access to the U.S. capital marketplace and the world's largest pool of investors, and to providing our growing list of Chinese companies and their shareholders with the superior services, technology and brand visibility associated with listing on NYSE Euronext markets."
To celebrate today’s special occasion, executives and guests of Chemspec led by Dr. Jianhua Yang, Chairman and CEO, rang the Opening Bell. On Friday June 26, executives and guests of Duoyuan Global Water Inc. led by CEO Wenhua Guo will ring the NYSE Opening Bell to celebrate their IPO.
NYSE Euronext currently lists 70 companies from Greater China with a combined total global market capitalization of approx. $ 1 trillion (May 31, 2009). This includes 12 companies from China on NYSE Amex.
About Chemspec International Limited (NYSE: CPC)
Chemspec is a leading China-based contract manufacturer of highly engineered specialty chemicals and the largest manufacturer of fluorinated specialty chemicals in China based on sales. In manufacturing specialty chemicals, Chemspec also provides process design and process development services, which enable efficient and rapid production of specialty chemicals that are incorporated into the products of Chemspec’s end users. Chemspec’s customers and end users include electronics, pharmaceutical and agrochemical companies.For more information, please visit http://www.chemspec.com.cn
About Duoyuan Global Water (NYSE: DGW )
Duoyuan Global Water manufactures water and wastewater treatment equipment for use in industrial and municipal water systems. Its makes more than 80 different products, including water conditioners, filters, various water purification systems (i.e. ultraviolet, ozone, electrodeionization), grit separators, and others. The company distributes its products throughout China and serves municipalities, as well as power generation, oil, steel manufacturing, and other companies. Duoyuan Global Water was founded in 1992.
About NYSE Euronext (NYX)
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contact:NYSE EuronextChristiaan Brakman, 212-656-2094cbrakman@nyse.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
NYSE Euronext now lists 70 companies from Greater China with $1 Trillion Total Market Capitalization
NEW YORK June 24--Chemspec International Limited, a leading China-based contract manufacturer of highly engineered specialty chemicals and the largest manufacturer of fluorinated specialty chemicals in China based on sales, today listed on the New York Stock Exchange under the ticker symbol “CPC” after its successful IPO in which it raised $73 million.
Also today, Duoyuan Global Water Inc., a leading Chinese manufacturer of water and wastewater treatment equipment for use in industrial and municipal water systems, began trading on the NYSE under the ticker symbol “DGW” after its successful IPO, in which it raised $88 million.
"With the additions of Chemspec and Duoyuan Global Water to our growing family of listed companies, NYSE Euronext is now privileged to list 70 companies from Greater China," said Ronnie Kent, EVP and Head of International Listings, NYSE Euronext. "We welcome the opportunity to offer Chemspec and Duoyuan Global Water access to the U.S. capital marketplace and the world's largest pool of investors, and to providing our growing list of Chinese companies and their shareholders with the superior services, technology and brand visibility associated with listing on NYSE Euronext markets."
To celebrate today’s special occasion, executives and guests of Chemspec led by Dr. Jianhua Yang, Chairman and CEO, rang the Opening Bell. On Friday June 26, executives and guests of Duoyuan Global Water Inc. led by CEO Wenhua Guo will ring the NYSE Opening Bell to celebrate their IPO.
NYSE Euronext currently lists 70 companies from Greater China with a combined total global market capitalization of approx. $ 1 trillion (May 31, 2009). This includes 12 companies from China on NYSE Amex.
About Chemspec International Limited (NYSE: CPC)
Chemspec is a leading China-based contract manufacturer of highly engineered specialty chemicals and the largest manufacturer of fluorinated specialty chemicals in China based on sales. In manufacturing specialty chemicals, Chemspec also provides process design and process development services, which enable efficient and rapid production of specialty chemicals that are incorporated into the products of Chemspec’s end users. Chemspec’s customers and end users include electronics, pharmaceutical and agrochemical companies.For more information, please visit http://www.chemspec.com.cn
About Duoyuan Global Water (NYSE: DGW )
Duoyuan Global Water manufactures water and wastewater treatment equipment for use in industrial and municipal water systems. Its makes more than 80 different products, including water conditioners, filters, various water purification systems (i.e. ultraviolet, ozone, electrodeionization), grit separators, and others. The company distributes its products throughout China and serves municipalities, as well as power generation, oil, steel manufacturing, and other companies. Duoyuan Global Water was founded in 1992.
About NYSE Euronext (NYX)
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
Contact:NYSE EuronextChristiaan Brakman, 212-656-2094cbrakman@nyse.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Tuesday, June 23, 2009
Water Stocks Sector Close –Up, Water Stocks in the News: Wescorp Energy Inc. (OTCBB: WSCE), Pentair, Inc. (NYSE: PNR)
Water Stocks Sector Close –Up, Water Stocks in the News: Wescorp Energy Inc. (OTCBB: WSCE), Pentair, Inc. (NYSE: PNR)
POINT ROBERTS, WA and DELTA, BC –June 23, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks June 23, 2009.
Water Stocks in the news, Company Snapshots:
Wescorp Energy Inc. (OTCBB: WSCE ) Receives Order for Second H2Omaxx Water Remediation Unit for Customer in Kansas, USA
Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider, is pleased to announce that a 500-barrel-per-day H2Omaxx water remediation unit has been ordered. This unit will be leased for a minimum of one year with a lease rate of approximately $1,000 per day. This is the second unit ordered by this private US oil and gas company with operations in Texas, Kansas and Wyoming. This second order is subject to the terms and conditions of the original master lease agreement signed in August, 2008, allowing the customer to lease up to 256 H2Omaxx units. The new unit is expected to be built and operational by early fall and will be mobilized for operations into Marion County, Kansas.
Full news for WSCE
Global Water Systems Manufacturer Outsources Collaboration Suite Management to Azaleos Pentair Migrates from Lotus Notes to Managed Microsoft Exchange and Blackberry Services
SEATTLE--June 23 2009 --Azaleos® Corporation, the managed messaging and unified communications services company, today announced that it was selected by Pentair, Inc. (NYSE: PNR), the world’s leading manufacturer of systems for the movement, treatment, storage and enjoyment of water, to manage its global e-mail and collaboration infrastructure. Azaleos will help Pentair migrate from Lotus Notes to Microsoft Exchange 2007, and is providing remote management services for more than 8,000 users of its corporate e-mail system, SharePoint Server, Office Communications Server (OCS) and Blackberry devices.
Pentair is a global company that manufactures products which help deliver safe, clean water to people who need it. It also produces products that help protect electrical and electronic equipment and the people who use it. With 14,000 employees worldwide, Pentair generated 2008 sales of $3.35 billion. The company selected Azaleos to help it move from an aging and costly Lotus Notes platform to Microsoft Exchange, and handle day-to-day management of the new e-mail and collaboration system. This allows Pentair’s internal IT resources to focus on supporting the company’s core manufacturing operations.
Full News for PNR
Water Stocks Trading as of June 23 markets:
American Water Works Company, Inc. (NYSE: AWK) trading up at $18.73, up $ 0.13 (0.70%) 11:06am ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $13.62, up $0.05 (0.37%) 10:20am ET
Northwest Pipe (NasdaqGS: NWPX) trading at $33.18, up $ 0.09 (0.27%)
Pentair, Inc. (NYSE: PNR) trading down at $ 24.55, down 0.41 (1.64%) 11:10am ET
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.30
Research more global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Investing in Water Podcast RSS Feed: http://www.investorideas.com/Podcasts/water.xml
Submit water stock news: click here
Marketplace water opportunities for business and investors:
Sign up here: http://www.investorideas.com/marketplace/signup.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers:
www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
POINT ROBERTS, WA and DELTA, BC –June 23, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks June 23, 2009.
Water Stocks in the news, Company Snapshots:
Wescorp Energy Inc. (OTCBB: WSCE ) Receives Order for Second H2Omaxx Water Remediation Unit for Customer in Kansas, USA
Wescorp Energy Inc. (OTC.BB: WSCE), an oil and gas technology solutions provider, is pleased to announce that a 500-barrel-per-day H2Omaxx water remediation unit has been ordered. This unit will be leased for a minimum of one year with a lease rate of approximately $1,000 per day. This is the second unit ordered by this private US oil and gas company with operations in Texas, Kansas and Wyoming. This second order is subject to the terms and conditions of the original master lease agreement signed in August, 2008, allowing the customer to lease up to 256 H2Omaxx units. The new unit is expected to be built and operational by early fall and will be mobilized for operations into Marion County, Kansas.
Full news for WSCE
Global Water Systems Manufacturer Outsources Collaboration Suite Management to Azaleos Pentair Migrates from Lotus Notes to Managed Microsoft Exchange and Blackberry Services
SEATTLE--June 23 2009 --Azaleos® Corporation, the managed messaging and unified communications services company, today announced that it was selected by Pentair, Inc. (NYSE: PNR), the world’s leading manufacturer of systems for the movement, treatment, storage and enjoyment of water, to manage its global e-mail and collaboration infrastructure. Azaleos will help Pentair migrate from Lotus Notes to Microsoft Exchange 2007, and is providing remote management services for more than 8,000 users of its corporate e-mail system, SharePoint Server, Office Communications Server (OCS) and Blackberry devices.
Pentair is a global company that manufactures products which help deliver safe, clean water to people who need it. It also produces products that help protect electrical and electronic equipment and the people who use it. With 14,000 employees worldwide, Pentair generated 2008 sales of $3.35 billion. The company selected Azaleos to help it move from an aging and costly Lotus Notes platform to Microsoft Exchange, and handle day-to-day management of the new e-mail and collaboration system. This allows Pentair’s internal IT resources to focus on supporting the company’s core manufacturing operations.
Full News for PNR
Water Stocks Trading as of June 23 markets:
American Water Works Company, Inc. (NYSE: AWK) trading up at $18.73, up $ 0.13 (0.70%) 11:06am ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $13.62, up $0.05 (0.37%) 10:20am ET
Northwest Pipe (NasdaqGS: NWPX) trading at $33.18, up $ 0.09 (0.27%)
Pentair, Inc. (NYSE: PNR) trading down at $ 24.55, down 0.41 (1.64%) 11:10am ET
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.30
Research more global water stocks at the water Stocks Directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Showcase Profile Page: http://www.water-stocks.com/CO/WSCE/Default.asp
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Investing in Water Podcast RSS Feed: http://www.investorideas.com/Podcasts/water.xml
Submit water stock news: click here
Marketplace water opportunities for business and investors:
Sign up here: http://www.investorideas.com/marketplace/signup.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies (WSCE), news submissions and online advertising. Compensation Disclosure and disclaimers:
www.InvestorIdeas.com/About/Disclaimer.asp http://www.investorideas.com/About/News/Clientspecifics.asp
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
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